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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST

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To: Scooter who wrote (16039)10/1/1997 11:26:00 PM
From: Sector Investor   of 61433
 
I wasn't trying to make fun of you. But an ALL CAPS post
YELLS - and then you add the Montel and Psychic bit. What did you
expect?

Yes, the market is always capable of going down a large amount at
these levels. A very large number of people have their life savings
in the market and many have large capital gains to protect. Any kind
of major shock (war, interest rate, the dollar's value against other
currencies, Silicon Valley earthquake (no, not that) can take the
market down big. That's why I am always looking at external factors
as well as individual stock TA, FA, etc. I have too much risk to
go unwatched even one day - thank goodness I can react quickly.

But, we don't need Psychics to tell us that. Thats why we have eyes
and ears. The market is having a tough time breaking out of this
range, even though conditions are still excellent - that's one thing
that has me a bit uneasy (besides stupid ASND, of course).
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